1. General information only

AUD Fund is a brand and investment-platform concept within AUD Group. Each investment opportunity may use a different issuer, trust, company, special purpose vehicle, investment instrument, manager, trustee, custodian, financier and service-provider structure.

Any offer will be made only through the legal and disclosure documents approved for that specific opportunity. If the website conflicts with an offer document, the offer document prevails.

Nothing on this website takes account of an investor's objectives, financial situation, needs, tax position, risk tolerance or investment horizon. Prospective investors should obtain independent financial, legal, accounting and tax advice.

2. Target returns and yield figures

References to a 6%+ gross rental yield, 12% target annualised total return and 20% target annualised development return are objectives only. They are not guaranteed, fixed, promised or forecast returns.

6%+ gross rental-yield filter

This is intended as a property-level screening criterion. It is calculated before vacancy, letting fees, property management, maintenance, repairs, insurance, rates, land tax, finance costs, fund expenses, fees and investor tax. It is not the investor distribution rate.

12% target annualised total return

This may include rental income, operating cash flow, capital value movement and other project-level value creation. The calculation method, fees, term, timing and assumptions must be defined in the relevant Information Memorandum.

20% target annualised development return

This is a higher-risk project objective that may depend on development approvals, construction cost, debt availability, programme, completion, valuation and sale. It is not a guaranteed internal rate of return or simple annual return unless expressly defined that way in the relevant offer document.

All target figures on this website are before fees, costs and tax unless the relevant offer document expressly states otherwise. Actual returns may be lower, zero or negative. Investors may lose some or all capital.

3. Key investment risks

Property-backed does not mean capital-protected. The following risks may apply individually or together:

• Capital-loss risk: asset values, sale proceeds or cash flow may be insufficient to repay investors.
• Illiquidity: interests may not be transferable or redeemable, and there may be no secondary market.
• Concentration: a project or portfolio may be concentrated by asset, location, tenant, purchaser, builder, lender or exit period.
• Property-market risk: rents, vacancy, valuations, buyer demand and sale prices may change materially.
• Planning and approval risk: approvals may be refused, delayed, conditioned, changed or challenged.
• Construction risk: cost escalation, delay, defects, builder or subcontractor failure, supply-chain issues and weather may affect outcomes.
• Finance risk: debt may be unavailable, repriced, withdrawn or subject to covenants and enforcement rights.
• Leasing and operating risk: rent may be lower than expected and operating costs higher than expected.
• Sales and exit risk: completed properties may take longer to sell or sell below the feasibility assumption.
• Valuation risk: valuations are opinions based on assumptions and may not represent achievable sale proceeds.
• Tax and regulatory risk: law, tax treatment, duty, foreign-investment rules, planning controls and licensing obligations may change.
• Related-party and conflict risk: AUD Group entities may provide development, design, construction, finance, management or sales services and receive fees.
• Key-person and operational risk: project execution may depend on particular people, systems, counterparties and controls.

The relevant Information Memorandum should contain a fuller risk section tailored to the specific investment.

4. Wholesale clients only

This website is intended for persons who qualify as wholesale clients under the Corporations Act 2001 (Cth) or another applicable exemption for the relevant financial product and service.

Common pathways may include a current qualified-accountant certificate supporting prescribed income or net-asset thresholds, professional-investor status, product-value tests where legally available, or a properly documented sophisticated-investor assessment. The correct test depends on the product, service, entity and circumstances.

Website confirmation is not sufficient. Eligibility must be verified using the required evidence before an offer or financial service is provided. AUD Fund and the relevant issuer may reject any expression of interest or application.

5. Licensing and offer entities

Financial services in relation to a specific offer may be provided by Zhongxin International Investment Holding Pty Ltd (ABN 16 681 282 397, AFSL 563801) to wholesale clients only, subject to the final product structure, the precise licence authorisations, representative arrangements and the offer documents.

The issuer of an investment may be a different project entity. The relevant Information Memorandum must identify the issuer, manager, trustee or custodian (if any), financial-services provider, investment instrument and underlying asset.

Holding an AFS licence does not mean ASIC guarantees, approves or endorses the licensee, project, target return or investment. Investors should independently verify the licence and authorisations on ASIC's Professional Registers Search before investing.

6. Related parties, fees and conflicts

AUD Group entities may originate the opportunity, own or sell land, provide development management, architecture, interior design, construction, lending or finance coordination, leasing, marketing or sales services, and receive fees, margins, commissions or reimbursements.

These arrangements may create actual or potential conflicts. The relevant offer document must disclose material related-party roles, fee calculations, approval processes, priority of payments, security interests and conflict-management arrangements.

7. Website use, enquiries and external links

Information may be incomplete, preliminary, out of date or changed without notice. Although reasonable care is intended, no representation is made that all website content is accurate, complete or suitable for reliance.

The expression-of-interest form prepares an email using the visitor's device. It does not itself constitute an application, subscription, allocation, acceptance or contract. Do not transmit identity documents or bank details through an unverified channel.

External links are provided for convenience. AUD Fund does not control third-party content or security and is not responsible for it.

To the extent permitted by law, AUD Fund and related parties exclude liability for loss arising from reliance on this website. Nothing excludes liability that cannot lawfully be excluded.

8. Governing law

This website and these terms are governed by the laws of New South Wales, Australia. Users submit to the non-exclusive jurisdiction of the courts of New South Wales and courts entitled to hear appeals from them.

Contact: gavin@audfund.com

1. 仅供一般资料使用

AUD Fund 是 AUD Group 旗下的品牌及投资平台概念。不同投资机会可能采用不同的发行主体、信托、公司、特殊目的实体、投资工具、管理人、受托人、托管人、贷款方及服务商结构。

任何要约仅通过针对该机会获批准的法律及披露文件作出。如本网站与要约文件存在冲突，以要约文件为准。

本网站未考虑任何投资者的目标、财务状况、需求、税务情况、风险承受能力或投资期限。潜在投资者应取得独立的财务、法律、会计和税务意见。

2. 目标回报及收益率数字

网站提及的6%以上毛租金收益率、12%目标年化总回报率及20%目标年化开发项目回报率仅为目标值，不构成保证、固定收益、承诺或预测。

6%以上毛租金收益率筛选标准

该数字拟作为物业层面的筛选标准，尚未扣除空置、招租费、物业管理费、维修、保险、市政费、土地税、融资成本、基金开支、费用及投资者税项；它不是投资者分配率。

12%目标年化总回报率

该回报可能包括租金收入、运营现金流、资产价值变化及其他项目层面的价值创造。具体计算方式、费用、期限、时间点和假设必须以相应信息备忘录为准。

20%目标年化开发项目回报率

这是风险较高的项目目标，可能取决于开发审批、建造成本、债务融资、工期、完工、估值和销售。除非要约文件明确作出定义，否则不应理解为保证的内部收益率或简单年回报率。

除非相应要约文件另有明确说明，本网站的所有目标数字均未扣除费用、成本和税项。实际回报可能更低、为零或为负，投资者可能损失部分或全部本金。

3. 主要投资风险

“有房地产支持”并不代表本金受到保护。以下风险可能单独或共同发生：

• 本金损失风险：资产价值、销售收入或现金流可能不足以偿还投资者。
• 流动性风险：投资权益可能无法转让或赎回，也可能不存在二级市场。
• 集中风险：项目或投资组合可能集中于单一资产、区域、租客、买家、Builder、贷款方或退出周期。
• 房地产市场风险：租金、空置、估值、买家需求和售价可能发生重大变化。
• 规划审批风险：审批可能被拒绝、延误、附加条件、修改或受到挑战。
• 施工风险：成本上涨、延误、缺陷、Builder或分包商失败、供应链问题及天气均可能影响结果。
• 融资风险：债务融资可能无法取得、重新定价、被撤回，或附带契约和执行权。
• 出租与运营风险：实际租金可能低于预期，运营成本可能高于预期。
• 销售与退出风险：完工物业可能需要更长时间出售，或售价低于可行性假设。
• 估值风险：估值属于基于假设的专业意见，未必等同于实际可实现售价。
• 税务及监管风险：法律、税务处理、印花税、外资规则、规划控制和牌照义务可能变化。
• 关联方及利益冲突风险：AUD Group 主体可能提供开发、设计、施工、融资、管理或销售服务并收取费用。
• 关键人员与运营风险：项目执行可能依赖特定人员、系统、交易对手和内部控制。

相应信息备忘录应包含针对具体投资的更完整风险章节。

4. 仅面向批发客户

本网站仅供符合《2001年公司法》（联邦）批发客户定义，或适用于相关金融产品与服务的其他豁免条件的人士使用。

常见认定路径可能包括由合资格会计师出具有效证明以支持法定收入或净资产门槛、专业投资者身份、法律允许时的产品价值测试，或妥善记录的成熟投资者评估。适用测试取决于产品、服务、主体和具体情况。

在网站点击确认并不足够。任何要约或金融服务提供前，均须使用法定证据核实资格。AUD Fund 及相关发行主体可拒绝任何意向登记或申请。

5. 牌照与发行主体

与具体要约相关的金融服务可能由 Zhongxin International Investment Holding Pty Ltd（ABN 16 681 282 397，AFSL 563801）仅向批发客户提供，具体取决于最终产品结构、牌照准确授权范围、代表安排及要约文件。

投资发行主体可能是另一项目实体。相应信息备忘录必须明确发行主体、管理人、受托人或托管人（如有）、金融服务提供方、投资工具及底层资产。

持有 AFS 牌照并不代表 ASIC 保证、批准或认可持牌人、项目、目标回报或投资。投资前应通过 ASIC Professional Registers Search 独立核实牌照及授权范围。

6. 关联方、费用及利益冲突

AUD Group 主体可能寻找项目、持有或出售土地、提供开发管理、建筑设计、室内设计、施工、贷款或融资协调、出租、市场推广或销售服务，并收取费用、利润、佣金或费用报销。

这些安排可能产生实际或潜在利益冲突。相应要约文件必须披露重大关联方角色、费用计算方式、审批流程、付款优先顺序、担保权益及利益冲突管理安排。

7. 网站使用、咨询及外部链接

网站信息可能不完整、处于初步阶段、已经过时或随时更改。尽管拟采取合理谨慎措施，但不保证所有网站内容准确、完整或适合依赖。

投资意向表格仅通过访问者设备生成电子邮件，本身不构成申请、认购、额度分配、接受或合同。请勿通过未经核实的渠道发送身份证件或银行资料。

外部链接仅为便利提供。AUD Fund 不控制第三方内容或安全性，也不对此负责。

在法律允许范围内，AUD Fund 及关联方排除因依赖本网站产生的损失责任；任何依法不得排除的责任不受影响。

8. 适用法律

本网站及相关条款受澳大利亚新南威尔士州法律管辖。用户接受新南威尔士州法院及有权审理其上诉的法院的非专属管辖。

联系邮箱：gavin@audfund.com